“Online casino has always been a tough sell,” Krafcik said. Krafcik predicted “only a very small number of states” will legalize online casinos by the end of 2027. Another factor is competition from online giants like DraftKings and FanDuel that control nearly half the online casino market in the U.S. However, Chris Krafcik, managing director of the Eilers & Krejcik gambling analytics firm, said some states may be hesitant to forge ahead with internet casinos, which some lawmakers may view as a more serious, high-stakes form of gambling than online sports betting.
He predicted dozens of states will adopt it in the near future.
Internet gambling “stands out as the most lucrative revenue source from any gaming launch in history, and New Jersey is ‘exhibit A’ for its success,” said Howard Glaser of the internet gambling technology company Light & Wonder.
